First Gen will directly supply 1,100 kilowatts (kW) of geothermal energy to Parkway Corporate Center and Bristol at Parkway Place.
The agreement, signed on Feb.19, 2026, covers electricity requirements for all common areas of the two properties.
The buildings are managed by Pro-Excel Property Managers Inc., according to a statement issued by First Gen.
The renewable supply will power lighting, elevators, water pumps, security cameras, air-conditioning systems and fire detection systems, ensuring round-the-clock clean energy support for daily operations.
Geothermal source secured
The geothermal power will be sourced from First Gen’s Bacon-Manito (Bac-Man) generating facilities located in the provinces of Albay and Sorsogon.
Michelle B. Lazatin, board president of Parkway Corporate Center Condominium Corp. and Bristol Tower Condominium Corp., said the partnership strengthens the properties’ long-term energy strategy.
“We are pleased to partner with First Gen to power two of our key properties with geothermal energy. This steady renewable supply strengthens our long-term energy strategy, supports more efficient cost management, and reinforces our commitment to sustainable building operations,” Lazatin said.
Green buildings advance
The 38-storey Bristol Tower is a premium residential development by Filigree, offering 345 units along Parkway Avenue near Festival Mall and Parkway Corporate Center.
Meanwhile, the 32-storey Parkway Corporate Center holds a v4 Core and Shell rating, making it the first office building project in the Philippines to secure the latest version of the Leadership in Energy and Environmental Design (LEED) certification.
Arlene Sy Soriano, First Gen head of sales and engagement, said in the statement that expanding geothermal capacity enables more green buildings to transition to reliable renewable energy.
“With more geothermal capacity in the market, more and more LEED or green buildings will be able to shift to 24/7 renewable energy while ensuring as minimal a carbon footprint as possible,” she said, encouraging property owners to explore programs that optimize or aggregate power usage.
Diversified energy portfolio
Beyond geothermal, First Gen’s renewable portfolio includes hydro, solar and wind facilities with a total capacity of 1,700 megawatts (MW). The company also holds a 40 percent interest in four gas-fired power plants with a combined capacity of 2,017 MW, supporting energy security and supply stability. —Ed: Corrie S. Narisma
